Input substitution and technical change in U.S. high tech industries

Romesh Diwan, Chandana Chakraborty

Research output: Contribution to journalArticleResearchpeer-review

1 Citation (Scopus)

Abstract

The paper shows that in U.S. high-tech industry sector, capital and non-production worker are complementary to each other. Capital and production worker, however, are substitutes. Also, technical change in the sector concerned is material using and capital and labor saving. The major saving is in production worker.

Original languageEnglish
Pages (from-to)141-145
Number of pages5
JournalEconomics Letters
Volume32
Issue number2
DOIs
StatePublished - 1 Jan 1990

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Input substitution
High-tech industry
Technical change
Workers
Labor
Substitute

Cite this

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abstract = "The paper shows that in U.S. high-tech industry sector, capital and non-production worker are complementary to each other. Capital and production worker, however, are substitutes. Also, technical change in the sector concerned is material using and capital and labor saving. The major saving is in production worker.",
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Input substitution and technical change in U.S. high tech industries. / Diwan, Romesh; Chakraborty, Chandana.

In: Economics Letters, Vol. 32, No. 2, 01.01.1990, p. 141-145.

Research output: Contribution to journalArticleResearchpeer-review

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